#Section 68
Log in to FollowLatest Section 68 updates, provisions, case laws, compliance requirements, tax implications and expert analysis under Income-tax law on TaxGuru.

Addition u/s 68 unsustainable as leased land not considered while assessing agricultural income

Availment of Cenvat Credit and refund thereof doesn’t require registration of premises

Presumptive Taxation Scheme for Business Section 44AD of Income Tax Act

Reassessment proceeding based on other officer’s information without cogent material unjustified

Addition as unexplained cash deposits unjustified as source of cash deposit demonstrated

ITAT delete section addition of Loan taken for Property Purchase

Addition cannot be deleted merely for mentioning section 68 instead of 69: ITAT

HC Directs De Novo Consideration Due to Tribunal’s Lack of Detailed Reasoning

AO’s Addition u/s 68 Unsustainable: Assessee Proves Identity, Creditworthiness & Genuineness – ITAT

Treatment of cash deposited out of sales as income u/s 68 unjustified as sales not disputed

Deeming provision of section 69-69D unjustified as nature and scope of unrecorded transactions explained

Taxing Agricultural Income Under Section 153C: Role of Incriminating Material

Reopening of assessment without any fresh tangible material unsustainable

ITAT Orders Fresh Adjudication: Section 68 Addition without allowing cross-examination
Explore the latest Section 68 updates on TaxGuru, including relevant Income-tax Act provisions, rules, notifications, circulars, judicial decisions and compliance guidance. The coverage highlights important tax positions, procedural requirements, assessments, deductions, penalties and litigation developments to help taxpayers and professionals understand the practical implications of changes in income-tax law.
